Shree Ganesh Remedies Ltd

Shree Ganesh Remedies Ltd

₹ 610 -1.01%
07 May 4:01 p.m.
About

Shree Ganesh Remedies is engaged in the business of Pharma Intermediate.

Key Points

Business segments[1]
Pharmaceutical intermediates: 32+ products; 54 Cr sales in FY23 (vs 51 Cr in FY22)
Human pharma segments: Antipsychotic, Antidepression, Oncology, Diabetic, Diuretic
Veterinary segment: Feed Additives, Antiparasitic, Anti-Inflammator
Fine and Specialty Chemicals: 11+ products; 37 Cr. sales in FY23 (vs 20 Cr. in FY22)
Industries served: Aroma & Health, Agrochem, Polymer, Electronics

  • Market Cap 782 Cr.
  • Current Price 610
  • High / Low 736 / 282
  • Stock P/E 80.2
  • Book Value 41.9
  • Dividend Yield 0.08 %
  • ROCE 27.8 %
  • ROE 23.1 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Company is almost debt free.

Cons

  • Stock is trading at 14.6 times its book value

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Sep 2020 Dec 2020 Jun 2021 Sep 2021 Dec 2021
11.52 13.26 12.63 16.97 21.13
7.31 10.08 9.58 12.52 15.36
Operating Profit 4.21 3.18 3.05 4.45 5.77
OPM % 36.55% 23.98% 24.15% 26.22% 27.31%
0.45 0.54 1.11 0.44 0.88
Interest 0.01 0.02 0.07 0.03 0.03
Depreciation 0.64 0.22 0.82 0.95 0.99
Profit before tax 4.01 3.48 3.27 3.91 5.63
Tax % 22.94% 20.40% 28.75% 22.76% 25.40%
3.09 2.77 2.34 3.02 4.20
EPS in Rs 2.41 2.16 1.83 2.36 3.28
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2019 Mar 2020 Mar 2021
35.22 64.01 49.08
26.49 51.50 35.43
Operating Profit 8.73 12.51 13.65
OPM % 24.79% 19.54% 27.81%
1.17 3.91 2.09
Interest 0.20 0.54 0.07
Depreciation 1.04 2.29 2.73
Profit before tax 8.66 13.59 12.94
Tax % 28.06% 22.96% 24.65%
6.24 10.47 9.75
EPS in Rs 4.88 8.18 7.62
Dividend Payout % 17.97% 12.85% 17.97%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: %
TTM: -23%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: -7%
Stock Price CAGR
10 Years: %
5 Years: 70%
3 Years: 36%
1 Year: 95%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: 23%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2019 Mar 2020 Sep 2021
Equity Capital 8.97 8.97 10.01
Reserves 24.85 33.23 43.58
0.75 4.47 1.12
6.77 8.61 9.97
Total Liabilities 41.34 55.28 64.68
14.50 20.14 26.02
CWIP 0.00 0.00 0.86
Investments 4.05 3.07 0.07
22.79 32.07 37.73
Total Assets 41.34 55.28 64.68

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2019 Mar 2020 Mar 2021
-5.22 4.59 3.31
-0.08 -2.91 -0.94
-0.18 -0.48 -0.66
Net Cash Flow -5.47 1.20 1.71

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2019 Mar 2020 Mar 2021
Debtor Days 100.73 101.44
Inventory Days 125.46 60.91
Days Payable 75.16 42.95
Cash Conversion Cycle 151.03 119.40
Working Capital Days 148.72 115.07
ROCE % 34.77%

Shareholding Pattern

Numbers in percentages

1 Recently
Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
68.39% 69.12% 69.12% 69.12% 69.12% 68.27% 68.27% 69.34% 69.34% 69.33% 69.33% 69.33%
0.00% 0.00% 0.02% 0.02% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
31.61% 30.88% 30.86% 30.86% 30.88% 31.73% 31.72% 30.67% 30.66% 30.67% 30.66% 30.67%
No. of Shareholders 3,3974,8145,7415,7455,4655,8436,4726,7476,4077,3307,5187,049

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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